XAI Madison Equity Premium Income Fund
XAI Madison Equity Premium Income Fund is a closed-end investment fund focused on generating current income and regular cash flow through an actively managed portfolio of U.S. large- and mid-cap equities. The fund combines stock selection with a covered call options strategy, which is designed to add premium income while maintaining exposure to the underlying equity market. Its portfolio typically emphasizes reasonably priced growth companies across diversified sectors, making it a broad equity-income vehicle rather than a sector-specific product. The fund’s structure and strategy make it relevant to investors seeking a managed approach to equity income, option-based income generation, and lower-volatility characteristics within the U.S. stock market.
$5.27
-$0.01 (-0.19%)
EOD Oct 16, 2026
Revenue declined 63.6% YoY. The question is whether this is cyclical or a structural shift.
Even for strong businesses, today's 21x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
21.1x earnings. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$6M
▼ -63.6% YoY
Net Income (TTM)
$5M
▼ -65.4% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow
N/A
Net Debt
N/A
Cash & Equiv.
N/A
3Y CAGR: -37.1%
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Is XAI Madison Equity Premium Income Fund (MCN) overvalued?
At a P/E of 21.1, XAI Madison Equity Premium Income Fund (MCN)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, XAI Madison Equity Premium Income Fund scores 14/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 13.7%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is XAI Madison Equity Premium Income Fund a high-quality business?+
XAI Madison Equity Premium Income Fund scores 14 out of 100 on Intrinsiqq's quality score, a weighted blend of 3 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does XAI Madison Equity Premium Income Fund (MCN) pay a dividend, and how much?+
Yes, XAI Madison Equity Premium Income Fund pays a regular dividend of about $0.72 per share per year (typically in quarterly installments), a yield of roughly 13.7% at the current price. That is a payout ratio of about 288.0% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MCN's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is XAI Madison Equity Premium Income Fund a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh MCN's valuation and scores 14/100 on quality (lower-quality). It also yields about 13.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.